August 14, 2018/US SEC The Securities and Exchange Commission today charged two firms and 18 individuals in a scheme to improperly divert new issue municipal bonds to broker-dealers at the expense of retail investors. According to the SEC’s complaint, the defendants – known in the industry as “flippers” – purchased new issue […]
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Fixed Income and Monetary Policy H2 2018 Outlook
August 14, 2018/InvestmentOne Report Please click to download the Fixed Income and Monetary Policy H2 2018 Outlook · It would appear the most likely direction for yields on Naira denominated fixed income instruments may be north. Our view is premised on the continuous bearish sentiment towards emerging markets by foreign […]
Fixed Income Market Monitor – OVN and OBB Rose to 9.25% and 8.42% Respectively
Culled—Proshare August 13, 2018/Anchoria AM Research The money market rate increased last week as the Overnight rate (OVN) and Open Buy Back rate (OBB) rose to 9.25% and 8.42% respectively. Consequently, the average money market rate increased by 4.01% to settle at 8.84% as system liquidity decreased to c249bn due […]
